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13/05/2024 Meta expands paid verification service for businesses ( General )
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29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
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26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )

Retail Asia04/03/2021

The blue chip-focused Singapore sovereign wealth fund has invested in a crypto bank, in a signal that digital assets are here to stay. In an announcement on its blog last week, U.S.-based digital asset bank Anchorage said it raised $80 million in a Series C funding round led by GIC. Joining the sovereign wealth fund […]

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Retail Asia22/02/2021

Vietnam has the second-highest rate of in terms of cryptocurrency use among 74 surveyed economies, driven by remittance payments, a new report says. The report on survey results released by Statista, a global provider of market and consumer data, says 21 percent of respondents in Vietnam said that they used or owned cryptocurrency in 2020, […]

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Retail Asia15/02/2021

Bitcoin is still the most famous cryptocurrency. And at Friday’s close, each Bitcoin was valued at close to $48,000, more than double the valuation of the digital currency about a year ago. Not only can you buy more with your Bitcoins, but you can also find it easier to spend thanks to the Apple Pay […]

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Retail Asia15/02/2021

A British banker is taking over the top job at Valour, a Swiss start-up that plans to expand a zero-fee bitcoin exchange-traded product across Europe. Zug-based Valour is naming Diana Biggs as its CEO, effective immediately, it said in a statement. She is the former chief of innovation at HSBC’s private banking unit and a cryptocurrency backer of the earliest […]

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Retail Asia03/02/2021

Indian authorities plan to propose a new law to ban private cryptocurrencies and implement a framework for an official central bank digital currency. India will seek «to prohibit all private cryptocurrencies in India», according to a legislative agenda published by the lower house’s website on Friday last wee, with exceptions for certain purposes such as […]

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Retail Asia22/01/2021

Nearly $140 billion worth of Bitcoins is at risk of being permanently lost, according to online platform Chainalysis, due to forgotten passwords for decryption. 3.7 million Bitcoins worth almost $140 billion could permanently vanish from the market, as of January 18 this year. Based on June 2020 figures, this represents around one-fifth of the total 18.6 million […]

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Retail Asia07/01/2021

A 37-year old man in Hong Kong allegedly sought to sell bitcoin for cash but ended up being swindled during an in-person transaction in a vehicle and kicked out. The victim had originally scheduled to meet two individuals to trade 15 bitcoin at HK$235,000 each ($30,000), or HK$3 million in total, outside of a hotel […]

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Retail Asia05/01/2021

MAS powers have been expanded to include regulatory measures on crypto service providers, even if they may not possess the money or cryptocurrency involved. The Monetary Authority of Singapore (MAS) is enhancing its regulatory framework and updating the Payment Services Act to keep pace with changes to international standards and to better mitigate the money laundering […]

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Retail Asia04/01/2021

The private sector has long driven innovation on digital currencies but as fintech’s plans became more powerful, central banks sprang to attention. Their main concern? Keeping monetary policy in their purview. The most tantalizing tales in cryptocurrencies this year weren’t written by Libra or bitcoin, but by national or supranational projects like the digital euro. While […]

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Retail Asia08/12/2020

The Singapore Blockchain Ecosystem Report 2020, launched at this year’s Singapore FinTech Festival x Singapore Week of Innovation and TeCHnology, highlights impactful developments and trends in Singapore’s blockchain ecosystem over the last year. The report is co-presented by OpenNodes, Temasek, IBM, PwC Singapore, EY, and SGTech, and supported by the Infocomm Media Development Authority and […]

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Retail Asia09/11/2020

Asia’s two marquee global financial hubs have hit a fork in the road of crypto assets and they appear to be heading in different directions. Last year, the local chief securities watchdog, Ashley Alder, also chose the FinTech Week to reveal a so-called «opt-in» regime for crypto asset trading platforms, which allowed operators to choose whether or […]

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Retail Asia11/06/2020

The bank’s top anti-money laundering executive is leaving for Facebook-backed payments project Libra. Sterling Daines is leaving Credit Suisse for Libra, a source familiar with the matter said on Tuesday. The bank had poached Daines three years ago from Goldman Sachs to run its financial crime compliance, or FCC, activities under top compliance boss Lydie Hudson. He […]

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Retail Asia09/03/2020

Digital payment systems such as Libra and Alipay may eventually weaken traditional tools of monetary policy. In doing a good job, central banks can prevent this from happening though, according to a high-ranking Swiss central banker. The Swiss National Bank (SNB) is currently engaged in a fight against an appreciation of the Swiss franc and […]

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Retail Asia18/02/2020

Cryptocurrency exchange giant, Binance, has applied for an operating license in Singapore which continues to lure new players following the recent progressive developments in its regulatory regime. Founded in 2017, Binance experienced extremely rapid growth before achieving an estimated market cap of $1.3 billion by early January 2018. The Malta-headquartered exchange now has offices located […]

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Retail Asia04/02/2020

The firm wants to offer its platform and services to a wider audience in APAC, following a number of strategic partnerships and business growth in 2019. Sydney-based cryptocurrency exchange Independent Reserve, announced its launch in Singapore this week as a separate entity, which will allow Singapore residents to buy, trade and hold digital currencies like Bitcoin, Ethereum, […]

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Retail Asia30/01/2020

Stack, an Asia-based provider of cryptocurrency trackers and index funds, has launched the single-asset index fund in response to investor demand. It expects to capture $750 million in assets under management within 2020, Matthew Dibb, co-founder of Stack said. The firm hopes to surpass $2 billion in assets under management next year by tapping into […]

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Retail Asia06/12/2019

China’s crackdown on cryptocurrencies has led at least five local exchanges to halt servicing of domestic users or their whole operations altogether. Last week, Chinese exchange operators Bitsoda and Akdex announced that it would cease its operations. Btuex and Idax said they would close domestic operations and focus on overseas users. Biss said it had […]

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Retail Asia02/12/2019

Atlanta-based Intercontinental Exchange (ICE) is planning to launch bitcoin futures on December 9 in Singapore, following regulator’s new papers permitting the trading of derivatives tracking certain cryptocurrencies. The Bakkt bitcoin cash-settled monthly futures contract, denominated in U.S. dollars, will be settled against data from physically delivered Bakkt bitcoin monthly futures contract. The new contract will […]

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Retail Asia19/06/2018

Following the Royal Decree by Thailand’s regulatory authorities on May 14, 2018, that cryptocurrencies are formerly digital assets, the Asian nation is set to take its local blockchain-based digital currency industry to the next level by showing five Initial Coin Offering (ICO) projects the green light to operate in the area, out of the 50 startups that […]

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Retail Asia02/01/2018

Currently, many cryptocurrency exchanges (including South Korean ones like Kucoin) allow trading with little more than your name and an email. Bitcoin appeared to find a bottom on Friday, rebounding to $15 000 after moves by South Korea to curb speculation and protect retail customers took the cryptocurrency down more than 8% on Thursday. “The […]

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